- This is a permissioned vault and is not accepting deposits from outsiders
TESS USDC Ethena Loop Vault
View on IPOR Fusion Update info🏆
- #559 overall
- #318 on
- #22 on
Share token price
3M return (ann)
▲ 1.9%
Total value locked
$411.2K
peak $680.3K
3M Sharpe
1.4
3M volatility
1.5%
Transaction status
Deposits Private
Redemptions Open
Other metrics
3M Sharpe
1.4
3M volatility
1.5%
Age
0.2 years
-0.5%
Protocol Technical Risk
Lockup period
Instant
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 3.6% | 1.9% | 1.9% | 1.9% | 1.9% | |
| Performance fee Performance | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Management fee Management | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Deposit fee Deposit | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Withdrawal fee Withdrawal | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Net Net | 3.6% | 1.9% | 1.9% | 1.9% | 1.9% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
Curated by Ethena
This vault is curated by Ethena.
Ethena is a synthetic dollar protocol behind USDe and dollar-denominated crypto-native savings products.
Running on IPOR Fusion protocol
This vault is running on IPOR Fusion:
Meta DeFi aggregation, execution and intelligence engine for on-chain asset management.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #134 | #559 | #813 | #805 | #864 | #900 |
| Ranking on Ethereum | #48 | #318 | #484 | #484 | #524 | #541 |
| Ranking on IPOR Fusion | #1 | #22 | #29 | #29 | #28 | #28 |
| CAGR (net) | 10.3% | 3.6% | 1.9% | 1.9% | 1.9% | 1.9% |
| CAGR (gross) | 10.3% | 3.6% | 1.9% | 1.9% | 1.9% | 1.9% |
| Returns (net) | 0.2% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| Returns (gross) | 0.2% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| Sharpe ratio | 9.82 | 4.29 | 1.35 | 1.35 | 1.35 | 1.35 |
| Max drawdown | -0.0% | -0.1% | -0.5% | -0.5% | -0.5% | -0.5% |
| Volatility | 1.0% | 0.8% | 1.5% | 1.5% | 1.5% | 1.5% |
| TVL low | $411.27K | $411.27K | $2.26K | $2.26K | $2.26K | $2.26K |
| TVL high | $673.42K | $680.45K | $680.45K | $680.45K | $680.45K | $680.45K |
| Share price start (USDC) | 0.984906 | 0.983907 | 0.983811 | 0.983811 | 0.983811 | 0.983811 |
| Share price end (USDC) | 0.986752 | 0.986752 | 0.986752 | 0.986752 | 0.986752 | 0.986752 |
| Period data availability | 8 days | 31 days | 58 days | 58 days | 58 days | 58 days |
| Period start | 2026-07-31 | 2026-07-08 | 2026-06-11 | 2026-06-11 | 2026-06-11 | 2026-06-11 |
| Period end | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 | 2026-08-07 |
56
Xerberus risk rating
| Xerberus score | 56 / 100 |
|---|---|
| Assessment level | Protocol-level |
| Rated entity | IPOR Fusion v1 |
Technical Details
| Vault name | TESS USDC Ethena Loop Vault |
| Vault address | 0x888e1d3c509c80e24cab8a4872e164b7e5a6eb10 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $0.999717 fetched |
| Share token | tessUSDCEthenaLoop |
| Protocol | IPOR Fusion |
| Homepage | View vault on protocol website |
| Current TVL | 411,266.618 USDC |
| Peak TVL | 680,453.824 USDC |
| Last share price | 0.987 USDC |
| Last updated | |
| Last updated block | 25,704,764 |
| Data refreshed at | |
| Data starts | 2026-06-11 00:00:00 UTC |
| Fee mode | Internalised minting |
| Fees internalised | Yes |
| Features | ipor_like |
| Flags | --- |
| Whitelist status | Whitelisted |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 46 |
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